Amdax acquires asset management activities from Blockchain Investments & Co.
3 July 2023
Amdax acquires the client portfolio with asset management activities from Blockchain Investments & Co, a globally active crypto investment fund and data provider.
According to the founder and CEO of Blockchain Investments & Co., Alfred Prevoo, Blockchain Investments has outperformed the market for a majority of our asset management investment period and has grown to a substantial enough size. Now, the opportunity of housing our asset management clients and see the associated activities continued at a trusted party in an environment well-prepared for the upcoming European regulation, while allowing us to enhance our focus on our other activities.
Amdax is well-prepared for the upcoming European regulation Markets in Crypto assets (MiCA). The new regulation, which will apply to all 27 EU member states, adopts a comprehensive approach to the crypto market.
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Amdax has a personal approach to serving clients that ensures continuity of a professional service they have been getting accustomed to''
The acquisition of the asset management activities of Blockchain Investments & Co. fits within the strategic growth plans of Amdax. 'The incorporation of the Blockchain Investments & Co. asset management activities fits within the strategic growth plans that the organization has. “Despite the past turbulent year, we are taking steps forward. We continue to invest in putting the sector on the map, and the arrival of MiCA contributes to that,” says Lucas Wensing, CEO Amdax''.
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